Piraeus Financial (OTCMKTS:BPIRY) Upgraded by The Goldman Sachs Group to “Buy”

The Goldman Sachs Group upgraded shares of Piraeus Financial (OTCMKTS:BPIRY – Get Rating) from a neutral rating to a buy rating in a research note released on Tuesday, The Fly reports.

Piraeus Financial Price Performance

OTCMKTS:BPIRY opened at $1.80 on Tuesday. Piraeus Financial has a 52-week low of $0.67 and a 52-week high of $1.88. The stock has a fifty day moving average of $1.44 and a 200 day moving average of $1.17.

Piraeus Financial Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, November 28th. Investors of record on Monday, November 21st were paid a dividend of $0.0088 per share. This represents a yield of 0.65%. The ex-dividend date of this dividend was Friday, November 18th.

About Piraeus Financial

(Get Rating)

Piraeus Financial Holdings SA provides banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, and Other segments. The company offers time, structured, deposit, saving, current, and business accounts; mortgage, consumer, personal, home improvement, farming, restructuring, and working capital loans; overdrafts; credit, debit, contract farming, and prepaid cards; mutual funds, treasury bonds, equities, dual currency deposits, treasury interest-bearing notes, asset management solutions, and gold sovereigns and gold bars; and car, home, civil liability, health, endowment, accident/life, lifestyle, agricultural, photovoltaic park, trade credit, business premises, and corporate insurances.